An excellent investment opportunity in the highly sought-after Neapoli area of Limassol. This mixed-use two-storey building is ideally located approximately 225m northeast of Neapolis Gymnasium and only 600m north of 28th October Avenue, offering easy access to all amenities and services, including schools, banks, supermarkets, shops, cafes, and offices.

Constructed around 1979, the property comprises two ground floor shops and a spacious upper floor residence currently used as offices.

Ground Floor
• Shop (East) – Approx. 79 sq.m.
Features an open-plan retail area, toilet, and covered veranda.

Currently vacant.
• Shop (West) – Approx. 79 sq.m.
Features an open-plan retail area, toilet, and covered veranda.
Currently rented for €2,000 per month.

First Floor
• Upper Floor House / Offices – Approx. 135 sq m.
Comprises an entrance hall, spacious living and dining area, kitchen, guest toilet, family bathroom, three bedrooms, and covered verandas.
Currently used as offices and rented for €1,550 per month.

Additional Information
• Total covered areas: approx. 293 sq.m.
• Covered verandas: approx. 33 sq.m.
• Plot size: 617 sq.m.
• Falls within Commercial Zone Eβ3
• Building density: 160%
• Development potential allowing construction of up to 5 floors

Please note that the property is affected by road widening along its northwestern boundary.

With existing rental income and excellent future development potential, this property is considered an ideal opportunity for investors or developers seeking a prime commercial location in Limassol.

For more information, please contact us

Asking Price: €1,300,000.

Ref: BFS-219